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20121201
20121231
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Search Results 0 to 11 of about 12 (some duplicates have been removed)
. >> very nice. >> all right. aside from that, we'll take a look at upbeat economic news out of china. the purchasing managers index rising to 50.9 in december. highest level since august. the surge also helped speculation the chinese government will take additional steps to support its economy. of the 15 times china's up 3%, since '09, s&p that day is up 13 times. almost every time. despite the futures today, is it a good omen for the markets here? >> look, there was a dichotomy in that government. there were people who were concerned about inflation. and there were people who said, listen, we're not growing fast enough. they do have a lot of levers. if they want to grow, i still -- i've been a bull on china. if they want to do 9%, 10%, they have the ability to do it. all they have to do is have a gigantic sewer infrastructure program. >> that's true. there's going to be an economic war conference held soon. it's believed the government will start to release growth forecast at that conference and perhaps unveil some further stimulus measures or tip their hat in terms of whether they
tomorrow. >>> the world bank in the meantime is raising its 2013 economic growth forecast for china and for developing east asia. the organization says that the region remains resilient despite the lackluster performance of the global economy. the world bank sees china expanding by 8.4% next year. it's expecting that it will be fueled by fiscal stimulus and the faster implementation of large investment projects. today's forecast is higher than an earlier one that was sited in a world bank report in october. 8.4%, not bad both if you can get it. >>> speaking of china, the united states is moving forward with plans to slap steep anti-dumping duties on wind turbine towers that are imported from china at prices that are deemed unfairly low. the news from the commerce department comes as u.s. officials welcomed a high-level chinese delegation for trade and economic talks. the u.s. trade panel has final approval over the duties and is expected to vote on the case in late january. >>> in corporate news, ubs hit with a $1.5 million fine today. that will add up, a few more of those. the swis
, who was a sea captain, and he brought them in in the '60s, early '60s. he was going out to china, presumably. yeah, to shanghai, mainly. tell you what, he had a good eye. he could have bought real rubbish, but he didn't. these are actually very nice paintings. right. the chinese, for a couple of thousand years had this fantastic system whereby if you wanted to get on in life, you took exams and you could be the humblest peasant and if you passed your three exams you were made for life. and the exams were not like our "a" levels or anything like that. it was serious stuff. i mean, it was you know, big time. and mostly after you passed your exams you would progress through the civil service. a very few got through the exams and said "i'm gonna drop out. "i don't want to be an administrator. "i want to go out into the landscape and right poetry. i want to paint paintings." and these were the literati, and this is the sort of thing that they did. and what's fascinating about this is we've got here, effectively, the table on which you did your scrolls. i've neve
the factory and move to china? i would guess probably non. close to zero. what of thought, that the workers who had to live with a factory that closes, live in a community that will be affected by factories the close, and workers themselves make the decision. here is another one. for chris decide what to do with the profits, here's an interesting thing we expect. over the last 30 years with boards of directors, we have noticed something i am sure you have all noticed, the boards of directors decided to use the profits they were earning to give enormous increases in the salaries to top executives. we are famous in america for that. thee aratio of one executive ge to an average worker is 300 to 40s all other countries. so we have been in a major part of the ineq0 lity that i talked about before that has grown up in 30 years comes out of the decisions made in the boardroom with the boards of directors and mothor shareholders about the profits. if the workers themseffeces distributed the profits collectively, would they give poor people $4s every body else says not enough? unlikely. the biggest
. if you look at the facts, 32% of our manufacturing base has been gutted and sold to china, india, any foreign country that has cheap labor. the top patriotic american companies are parking their profits and offshore accounts so they do not have to pay a fair share of their taxes. the bottom line is since the late '70s, the wealthiest 2% in this country are making 25 times their wealth that they made a black -- back then. there are only paying 40% more in taxes. this country is doomed if we do not start putting terrace of the imports coming into this country. the republican party is selling you an outright lie. thank you. host: let's show you a facebook posting. the economist and professor at the university of maryland will be with us and about 25 minutes or so. he will take your calls and give you his economic outlook for 2013. he has written a lot on the matter. from west virginia, independent. caller: is, sir. i would just like to say that i am not very optimistic above the future of the united states right now. we are in so much that it is pathetic. our budget is way over. this pre
? the chinese and russians don't help us on sanctions. they have been ineffective because china that dan. you know, when you look at it, everything that we have tried after the bush years has been a failure. now, during the bush years in the early part of that administration, it puts real financial squeeze on the regime. but then they drop it because they have this fantasy that if we can just sit down one more time with the north koreans, suddenly we will have a deal that will make all this go away. it is not how the world works. the north koreans are getting better each time out launching missiles and setting off nuclear explosions. >> on that note, how realistic do you think it is? and how soon do you think it would be that they would be able to i'm one of these long-range missiles with a nuclear warhead? >> that is the real question. this last missile test was real important because it showed that they were successful. they got it up into the atmosphere. it can go a long way to the united states. now, if they perfect nuclear explosions and start miniaturizing it, being able to put it on a
currently not on-line. >> critics say the conference raises a specter of china and russia replacing innovation and openness with sensorship. and while the u.n maintains this is not about controlling the web. analysts say the conference appears to be a steady part of the drip drip that under cuts free do. in washington, fox news. >>> tragedy overshadowing the duchess of cambridge's baby joy. we now have a picture of the british nurse who is believed to have taken her own life following a senseless phone call prank. plus what the royal couple is now saying about the nurse. >> the wrapping sensation is apologizing for a tirade he has made against the u.s. >> and fiscal fighting. the holdup on the on going budget talks and why lawmakers say they are getting frustrated with the white house. >> there are a lot of things that are possible to put the revenue on the table. none will be possible. the president insists on his position. insists on my way or the highway. >>> he may be known for "gagnan style" but now he is apologizing for lyrics earlier in his career. it talks about killing fami
with china as they grow. got to deal with the terrorists, and we've got to manage the circumstances in the middle east. so people in washington and the foreign affairs business are going to be very, very busy. iran, syria, israel, the palestinians, a new constitution in egypt, and all around the periphery of the middle east there are still terrorist elements. and there's a problem in north africa with terrorists. >> and i was also going to add to the conversation north korea. >> that's right. >> you heard the news today, they say they have a missile that could potentially reach the united states. of course it could be weaponized. what's your reaction to that? >> well, we've known this was coming for a long time and we have a missile defense program, a rudimentary program, but it's been in place, put it in place several years ago, and it's designed specifically to handle this. actually we're ahead on that. but they've been relentless bad boys. no matter how difficult their domestic situation is, they've always seemed to find the resources to military power and threatening neighbors a
sachs to buy from neutral. citing increased potential for yum's operations in china. although, that's what we talk about all the time. kfc in china. that's the growth in their, i think isn't yum bigger than mcdonald's in terms of total number? >> yeah. >> i think subway is, too. research -- >> they don't even call it kentucky tried anymore. >> kfc. >> and it's really chicken. >> that's uncalled for. what do you think it is, cat? that is uncalled for. >> this is all i'll say. >> tastes like chicken. >> yes, it's chicken! if david novak -- >> taco bell. >> yeah, taco bell. >> is that really meat? is that your next -- >> no. all right. the restaurant -- research in motion, rim shares coming off a seven-month high on news that the u.s. immigrations and customs enforcement agent are going to use the blackberry 10 on a trial basis. that is on news, did you see this, that the agency is going to ditch the iphone in favor -- >> okay, so why? >> i don't know. i just want to say, so blackberry was one of the sponsors of the thing yesterday, at the dealbook conference and they showed off the bl
. >>> "the boston globe," china's largest auto manufacturer has the winning bid for a a123, a brumt battery maker based in the u.s. the company received $133 million in federal stimulus grngrnt grants before going under. republicans called the case a textbook example of wasted stimulus money. >>> "usa today," controversy surrounding the korean pop sensation psy. he performed last night at the christmas in washington concert with the president and his family in attendance. he has that dance, you know? >> you know, everybody, like, sends me videos of them doing this. i have no idea what it is. >> "gangnam style." >> is that how you say it? >> yeah. >> oh, you know what? i prefer to be out of it on this one. >> so this was just days after video surfaced of him using inflammatory anti-american language and leading anti-u.s. protests at a concert in 2004 amid the heat of the iraq war. the song, which is a cover called for killing, quote, yankees. on friday psy issued an apology saying he understands american servicemen's sacrifices and regrets using the inflammatory language. >> it was really ha
about how china is taking over. what we need to make some decisions that is going to help the america people, corporate america, middle-class america, those individuals that are not in the capacity whatever so ever, i expect our elected officials to getting together, work this thing out, do the right thing, quit the fighting and come up with a solution even if they have to go back after the fact and just get things the way they are supposed to be. >> some of the expectations there from willard. we're going to go on to cal on the republicans line in tennessee. what do you think of the fiscal cliff and where the negotiations are so far? >> i think they ought to go over the fiscal cliff. we have people like that that are on the government bill too long. they are sucking the tit of the federal government. i think everyone should pay their fair share. we have almost a $17 billion national debt. not only, the rich but everyone should pay their fair share. we also need some spending cuts too. $3 for every $1. if you don't do this we're going top find ourselfs in a situation -- you want to ta
Search Results 0 to 11 of about 12 (some duplicates have been removed)